Surprisingly OVO only has one EV tariff, but as the electric vehicle market develops, it’s a safe bet that the specialised tariffs on offer will develop too.
Unlike the majority of EV tariffs, the OVO Drive EV Tariff doesn’t tie customers into having to charge their electric cars during off-peak hours in the middle of the night. Instead, it offers a flat rate per unit of electricity throughout the day and night, though this will differ depending on where you live. This also means that customers don’t have to install a smart meter if they don’t want one, as the company doesn’t need to track off-peak usage versus peak usage.
The plan also isn’t limited to existing OVO customers - anyone can join it as long as they have an electric vehicle and are willing to have their gas supplied by OVO as well.
Additionally, the tariff is fixed for a year, so you won’t have to worry about rates suddenly going up.
As previously mentioned, the cost of the plan will depend on where you live, as unit rates and standing charges differ slightly from region to region. At the time of writing, an example postcode for a 2-3 bedroom property in Surrey shows that the rate per unit of electricity will be 30.78p and the standing charge will be 23.32p per day. With high energy rates common across the market, it’s important to calculate how much electricity you’re likely to use both on a normal basis and in terms of the electricity required to charge your vehicle and make your decision based on that.
Some of the other features of the OVO Drive tariff include:
100% renewable electricity (backed by REGOs and purchased directly from renewable generators in the UK)
A tree planted in the customer’s name each year
Tips to save energy and become greener with the OVO Greenlight tool
If you’re happy with the quoted prices when you enter your postcode and property size, you can switch directly on OVO’s website. Its switching team will then facilitate the switch and get in touch with your current supplier, so there shouldn’t be anything else you need to do.
Find the advice you need for the stage you're at here.
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